Here's What 'Terrifies' OpenAI's CEO About Financial Institutions Today: 'This Is a Huge Deal'
Sherin Shibu
created: July 22, 2025, 9:08 p.m. | updated: July 23, 2025, 6:24 p.m.
OpenAI CEO Sam Altman said that society is going to have to change the way it verifies identity in response to AI.
Sam Altman, the CEO of $300 billion AI startup OpenAI, is asking finance industry leaders to stay ahead of AI trends — and to avoid voice authentication at all costs.
AI voice cloning hoaxes can copy a person's voice in three seconds and use the cloned voice to empty bank accounts.
OpenAI CEO Sam Altman speaks at the Federal Reserve's Regulatory Capital Framework Conference on Tuesday.
It would be difficult to uphold protective measures against an adversary with smarter AI, Altman explained.
3 months, 2 weeks ago: Entrepreneur